Day 86

Lesson Objectives

  1. Identify the costs of using various types of credit.

Assignment CU1

  1. Inside of your Life Skills folder, create a new folder named Credit Unit.  You will place any files you create in the Credit Unit inside of this folder.  Click the SHARE button and share it with your instructor.

Assignment CU2

  1. Make a copy of this spreadsheet
  2. Fill in the Completed column with an X as you get your assignments completed as a means to stay organized.

Assignment CU1.1

  1. Inside of your Credit Unit folder, create a new folder titled Lesson 1.  All your tasks completed in Lesson 1 should be stored in this folder.

Assignment CU1.2

  1. Watch Video 1.1
  2. As you watch the video, record the missing words from pages 76-77 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 76-77) .
  3. Discussion Questions:
    1. What was the view on credit back in the early 1900s?
    2. How has the view on credit changed over the last 100+ years?  Why has that change come about?
    3. Does viewing debt as a product instead of a service, reward, or privilege change your overall perspective on credit cards?
    4. Describe some of the powerful marketing tactics used by the credit card industry?
    5. Why are there over 6 billion credit card offers currently out there?

Assignment CU1.3

  1. Read this article (Espanol).
  2. Using Google Drawing, create a public service announcement about the emotional effects that debt has on young adults.  Name the file Public Service Announcement-(Your Initials) and move it into your Lesson 1 folder.  Remember that the goal of a public service announcement is to get your audience to take action, so think about who your target audience is and find a creative way to grab their attention.